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The Phoenix Program EA


PLEASE NOTE:  The "AUTO" function of the EA has NOT yet been activated. It's still ongoing testing. Once it becomes available, clients will get a free upgrade to EA 2.0

                       Also .... PLEASE follow the instructions below in order for the functions to work properly.


Introduction: The Phoenix Project (EA)

Our Expert Advisor is both refined and practical. It is geared towards helping the traders be constantly aware of their risk PER trade while it helps them manage that risk. The Phoenix EA has been designed to be practical, but fast in its execution. Indeed, many of the functionalities are done using ONE CLICK and the change is automatically executed on the chart. We will expand below by detailing what the EA does in areas such as Risk management, Account Protection when it comes to using a prop firm account, Ease of use and speed, Awareness of news events.


Risk Management:

The Phoenix EA will allow you to set your risk and will let you LOCK your MT4 (after having set your lot size and risk) in order to hold yourself accountable to your trading plan. Once your risk is defined and the trade entered, then your risk is SET for that pair. The EA will not allow the trader to make any modifications (such as moving SL) anymore. The ONLY way out is to close the trade.


Account Protection --- Prop Firm:

Prop firms usually have a daily drawdown limit that traders should NOT cross, if they want to maintain their account in good standing. That limit is usually 4% - 5%. The Phoenix EA manages losses in such a way that it prevents traders from hitting that DD limit that would blow their account. Once the trader reaches - 4.5% (in case the limit is 5% DD per day), the EA will close ALL pending and active accounts, then the EA will lock up. The trader will NOT be able to use the EA further, until the 24H period (based on the prop firm time zone) is over. Then the EA will unlock, and another 24 H period will start.

To use that functionality, the trader has to "activate" the 24 H button. The button then becomes green. Once the button is activated for one pair, it is for ALL the others, because the EA has to be aware of the losses and gains from the other currency pairs, so it can protect the account from hitting the maximum daily DD allowed.

Important note: The default risk % the 24H button checks is -5% DD per day. You can change that setting by left clicking on your MT4 chart / Expert Advisor / Properties / Input.

                           It is also important to make sure you select the RIGHT TIME ZONE. The default time zone for the EA is GMT+2

                           To change your Time Zone: left click on your MT4 chart / Expert Advisor / Properties / Input / Double click on the number on GMT line / click to select.


Ease of use and speed:

The Phoenix EA is designed to be fast. All the basic functionalities are presented up front and explicitly. Actions such as placing both SL and TP are a matter of just 2 clicks. Changing SL / TP location is as easy. The EA also distinguishes between ACTIVE and PENDING trades as well as Limit and Stop entries. It makes closing trades seamless and efficient.

Useful information such as spread, next candle and current set risk are READILY available for decision making and interaction. In manual trade, the SL is automatically placed with an expiring 10 seconds timer. Click "place SL" to activate.

The overall plan is to make using the EA easy, while making it a really powerful tool in the hand of the experienced trader. 


Awareness of news events:

Important setup for the news circle warning to work:

On the top menue, click on "tools / Options / Expert Advisors". From there, please check the box: "Allow WebRequests from listed URL:", click on the + link in the box, then copy and paste the following website:  https://nfs.faireconomy.media

The step above will connect your EA to the a forex news media and the circle will warn you of impending news.

ALSO IMPORTANT: Make sure you KNOW your Prop Firm time zone. You need to update the EA (in properties) according to the right time zone for your prop firm. This will be important for the cut-off time (when the 24H starts and ends). The EA's default is GMT+2 

The EA is primarily geared toward prop firm use. As such, it will indicate to traders when there is a piece of news coming up. The "i" button and the circle will be RED and will flash RED/WHITE  5 minutes before an important news till 5 minutes after the event has taken place.


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is highly helpful in both performing and assisting a successful trade. This program allows you to work in a real account and take advantage of its most important feature, the Back-Test feature.  is made up of two panels that work together to provide you with the best and fastest performance possible. The command panel is on the left, and the confirmation panel is on the right. The command panel is divided into four main categories: Buy/Sell, Lot, Distance, and Set Close. You make all the decisi
Сервис Бот MONEY CONTROLLER (MN Controller) представляет собой вспомогательную программу, разработанную на языке программирования MQL4, предназначенную для использования в торгово-аналитической платформе Metatrader 4 компании MetaQuotes Ltd. Бот имеет защиту и будет работать только на том торговом счёте, для которого вы приобрели лицензию. Использование на других счетах невозможно. Убедитесь что номер лицензии бота совпадает с номером торгового счёта на которым вы его устанавливаете. Основные фу
Assassin Trading Assistant
Anthony Donald Dickenson Jr
The EA is used as an assistant for traders in the Trading Masters group.  The EA assists with identifying setups when taking trades using the strategies outline in the Trading Masters Group.  The EA has been developed and is intended for use by community members who understand the concepts and would like assistance navigating trade setups.  It is recommended to first understand the concepts presented in the Trading Masters group before purchasing this EA so the user can understand and benefit fr
Ce panel a été créé pour aider les traders, débutants et professionnels, dans le trading. Fonctions principales: Signaux sur les retournements potentiels du marché sur toutes les périodes Avertit 5 minutes avant le communiqué de presse Avertit de l'intersection des sessions de trading en 5 minutes Envoie des notifications par e-mail, téléphone ou terminal Calcule pour chaque instrument la résistance et les lignes de support pendant la journée Ne permet pas de dépasser les risques sur ch
HURRICANE EA is a compilation based on the volatility unique to XAUUSD (GOLD), which is a trading tool with simple internal operation logic but not ordinary, which uses martingale + hedging + trending as a set of operating modes. Expert was born by collecting and learning a large amount of historical data, combined with the characteristics of the variety and using it countless times to test the market. Please do not believe that there will be any complex algorithm in the market that can accurate
L'assistance à Moneymint Trade change la donne pour les commerçants. Ce panneau de commande tout-en-un met la puissance de la négociation professionnelle à portée de main, vous permettant de faire passer votre trading au niveau supérieur. Avec sa conception intuitive et ses fonctionnalités riches en fonctionnalités, l'assistance à Moneymint Trade simplifie les complexités de la saisie et de la sortie des commandes et vous donne l'avantage dont vous avez besoin pour réussir. Que vous soyez un co
Avoid SWAP fees EA MT4   This version only supports orders with a single order transaction count of<10. If the single order transaction count is>10, please subscribe to a higher version This EA is not actively profitable, but only uses trading time to increase trading frequency and achieve the goal of saving swap fees.   Working principle: This EA will generate MQL4 Experts Orderhis before the trading deadline of the day_ The today.csv file is used to record the information that has been opened
Note: After installation, please go to Tools>Options>Expert Advisors and add https://porsaj.com to 'Allow WebRequest for listed URL'. Still Problem?! Please check Internet connection! Sentiment is a vital gauge that provides traders and investors with valuable insights into their perceptions of the market and the broader economy. It serves as a reflection of their collective outlook, emotions, and expectations regarding future price movements and economic conditions. Porsaj is a powerful pl
Note: After installation, please go to Tools>Options>Expert Advisors and add https://porsaj.com to 'Allow WebRequest for listed URL'. Still Problem?! Please check Internet connection! An economic calendar in the context of forex refers to a tool or resource that provides information about upcoming economic events, indicators, and data releases that can potentially impact the financial markets, particularly the foreign exchange market. It helps traders stay informed about key economic announ
We offer: - Every day signals on EURUSD, XAUUSD (Gold), XAGUSD, GBPUSD, CADJPY, USDJPY, USDCHF, AUDUSD, AUDNZD, NZDUSD, USDCAD, ... - We offer evaluated signals and you can see the signals with rank of signal providers based on their history Note: After installation, please go to Tools>Options>Expert Advisors and add https://porsaj.com to 'Allow WebRequest for listed URL'. Still Problem?! Please check Internet connection! More explanation: Forex and crypto signals are tools used by traders
Note: After installation, please go to Tools>Options>Expert Advisors and add   https://porsaj.com   to 'Allow WebRequest for listed URL'. Still Problem?! Please check Internet connection! Unlock the power of cutting-edge technology with Porsaj Artificial Intelligence Bot, your trusted Expert Advisor for MT4. Designed to revolutionize your trading experience, this advanced bot combines sentiment analysis, technical analysis, and harmonic patterns, all driven by the incredible capabilities of ar
Note: After installation, please go to Tools>Options>Expert Advisors and add   https://porsaj.com   to 'Allow WebRequest for listed URL'. Still Problem?! Please check Internet connection! Unveiling the Porsaj Scalper: Your Cutting-Edge MetaTrader 4 Utility for Precision Scalping Are you ready to take your forex trading to the next level? Look no further than the revolutionary Porsaj Scalper – a MetaTrader 4 utility designed to empower scalpers with the tools they need to thrive in the fast-pa
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Version 1.1 2022.07.08
Version 1.0.1

- Fixed an issue where hoovering the mouse on the news circle, the small information panel would not fully deploy.

- Fixed an issue with the 24H button, where the P/L would not display properly.

- Various other fixes and improvements.